Overview about the Cryptocurrency Vs Digital Rupee Central Bank Digital Currency and Cryptocurrency are two distinct kinds of digital currencies that have grown in popularity in recent years. Both have distinct features and applications. It is critical to comprehend the distinctions between them. Central Bank Digital Currency is issued and maintained by a central bank …
A new way of online transaction without Bank Account – Digital Rupee What is Digital Rupee? Reserve Bank of India launched Digital rupee and it is considered as a mean to implement monetary policies to provide control growth, stability & influence inflation. Digital Rupee is a Centrally Backed Digital Currency (CBDC) which is like regular …
Basic features of newly launched Digital Rupee: Digital Rupee (eRs-R) would be in the form of a digital token that represents legal tender. above Digital Rupee would be issued in same denominations that paper currency & coins are existing issued. Digital Rupee (eRs-R) would be distributed via intermediaries ie. banks. 8 Pvt or Public sector …
What is means of Crypto currency according to Income Tax provisions ? Crypto currency and Income Tax In the introduction of Budget 2022, the government has announced taxation norms on the same. Key pointers regarding income tax implications on crypto currencies in India are as follows – Crypto currency – Meaning as per Income Tax …
The Treatment of Cryptocurrency as Goods or Services in India: Brief Introduction If you’re uninterested in the government’s debate over the topic, whether cryptocurrency be considered or termed as an asset or currency, then herein we would be discussing about a new debate which awaits. During & after GST raid on crypto exchanges that virtual currencies trade like bitcoin, …
Uniswap Scams: How to Identify and Avoid Scams Is Uniswap Safe? As part of this movement, Uniswap’s decentralised exchange has become one of the most popular platforms, offering swaps between Ethereum (ETH) and various ERC-20 tokens, as well as liquidity pools where users can earn returns by depositing tokens — all without having to entrust …
TOP 10 CRYPTOCURRENCY AND ITS FEATURES (OTHER THAN BITCOIN) Best Cryptocurrencies to Buy: Most Promising Layer 2 token: Polygon (MATIC) Holds Most Market Enthusiasm: Ethereum (ETH) Best Payment Solution: Stellar Lumens (XLM) Highest Growth Potential: Chainlink (LINK) Best Store of Value: Bitcoin (BTC) Best Hedge Against ETH: Cardano (ADA) Ethereum (ETH) Launched: 2015 Market value: $70 billion Features – Built-in programming language lets developers …
CRYPTO REGULATION Bitcoin, blockchain, crypto, regulations, governments, bans, unworthy, revolutionary, such a large amount of news articles on the topics, none with any real worldwide summary. Every country has their own recognition and legality towards bitcoin and its technology. The blockchain here could be a little résumé of what’s currently happening when governments face bitcoin. CRYPTOCURRENCIES IN REGULATORY SANDBOX Nasscom is …
THE TOP TEN FASTEST GROWING CRYPTOCURRENCIES IN 2021 Cryptocurrencies are on every Investor’s mind when they think about investing. It’s a subject that’s bursting across the business media industry, and rightly so, given its wildly fluctuating price highs and lows. If you’ve considered investing in Bitcoins, reconsider because there are numerous other cryptocurrencies on the …
Beware: Increase in Price of ether is a threat to your Bitcoin The rise in the price of Ether may pose a threat to Bitcoin cryptocurrency. On Monday, May 10th, the price of ether surpassed $4,000, setting a new record high. Despite being the second-largest cryptocurrency, this new record appears to be an attempt to …